The "Time-Sensitive Networking Market by Component (Switches, Hubs, Routers, and Gateways, and Memory), Application (Industrial Automation, Power and Energy, Automotive, Transportation, Oil & Gas, Aerospace), and Geography - Global Forecast to 2024" report has been added to Research and Markets' offering.

The time-sensitive networking (TSN) market is expected to be worth USD 606.0 Million by 2024, at a CAGR of 53.8% considering that it will get commercialized by 2019.

Development of IEEE standards for deterministic Ethernet and increasing need for real-time networking for various applications are the major drivers for the TSN market. Factors such as the inability of TSN standards to provide customized solutions restrain the growth of the TSN market.

The market for switches is expected to grow at the highest CAGR during the forecast period. Many players are expected to provide TSN-enabled switches in future. Companies such as Belden Inc. (US), Broadcom Limited (Singapore), and Cisco Systems, Inc. (US) are continuously innovating their product portfolio for TSN-enabled switches. Recently, in April 2017, Cisco Systems, Inc. (US) announced the launch of Industrial Ethernet 4000 Series switches to support TSN. These developments infer that switches are expected to grow at the highest rate for the TSN market.

The growth of this market can be attributed to the increasing adoption of industrial IoT and Industry 4.0, the increasing need for real-time networking for various applications, and the development of IEEE standards for deterministic Ethernet.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Time-Sensitive Networking, By Types of Standard

7 Time-Sensitive Networking Market, By Component

8 Time-Sensitive Networking Market, By Application

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

ABB Ltd

Analog Devices Inc.

B&R Industrial Automation Gmbh

Belden Inc.

Biamp Systems Corporation

Bosch Rexroth Ag

Broadcom Limited

Cisco Systems Inc.

Excelfore Corporation

Extreme Networks Inc.

General Electric Company

Harman International Industries Inc.

Hilscher Gesellschaft Fr Systemautomation Mbh

Intel Corporation

Kuka Aktiengesellschaft

Marvell Technology Group Ltd.

Microsemi Corporation

National Instruments Corporation

Nxp Semiconductors N.V.

Renesas Electronics Corporation

Rockwell Automation Inc.

Schneider Electric Se

Sick Ag

Synopsys Inc.

Testbed Ecosystem

TTtech Computertechnik Ag

Xilinx Inc.

For more information about this report visit https://www.researchandmarkets.com/research/tmm42z/timesensitive

View source version on businesswire.com: http://www.businesswire.com/news/home/20170913005760/en/